07-15-2010, 01:30 PM
Note 2
Non refundable deposit amount shall be treated as rent and chargeable to tax under the head
“Income from Property”.
The non-refundable income shall be divided on 10 under the tax law
500,000 / 10 = 50,000
Complete Solution Download the file below
FIN623.pdf (Size: 77.59 KB / Downloads: 195)
Non refundable deposit amount shall be treated as rent and chargeable to tax under the head
“Income from Property”.
The non-refundable income shall be divided on 10 under the tax law
500,000 / 10 = 50,000
Complete Solution Download the file below
FIN623.pdf (Size: 77.59 KB / Downloads: 195)